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Philadelphia–Camden–Wilmington MSA

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Northeast / Mid-Atlantic·Destination dashboard

Hotel figures below are cited to their sources; other sources for this market are still being checked.

Hotel performance

Center City Philadelphia. Published figures, accessed 2026-11-04.

Each figure is from the linked source for the period shown. Occupancy and ADR in a row always come from the same source and period. RevPAR marked 'our calculation' is occupancy × ADR from that same row; otherwise it is the source's own figure. Areas differ by market (city, CBD, county or metro) as labeled.

Signals

2 cited
talent$30/hr by 2028as of 2026-07

Philadelphia labor: downtown hotel wage floor to $30/hr by 2028 (Local 274)

UNITE HERE Local 274 (Sheraton + Warwick, ~200 workers): contracts to $30/hr by 2028, pension up, room-attendant quotas down; the Sheraton…

eventhostas of 2026-10-11 (event Jun 11–Jul 19, 2026)

World Cup 2026 post-Cup demand read — Philadelphia (host)

World Cup 2026 (Jun 11–Jul 19) — host market. Key numbers (lift vs hype): HVS: OCC −3.5 pt, RevPAR ~$19 / +14.8%, <$25M.

History

Airport passengersJul 2026: 1.5M passengers, +2.0% YoY

Passengers boarding flights (enplanements), all carriers, at Philadelphia, PA: Philadelphia International (PHL).

Last 13 months
MonthPassengersYoY
Jul 20261,483,608+2.0%
Jun 20261,455,111+3.7%
May 20261,333,044−0.8%
Apr 20261,201,592−6.3%
Mar 20261,182,109+4.3%
Feb 2026919,656+0.8%
Jan 2026919,325−3.2%
Dec 20251,152,923−5.4%
Nov 20251,075,027−7.1%
Oct 20251,344,911−0.5%
Sep 20251,235,291−2.8%
Aug 20251,471,511−2.0%
Jul 20251,453,842−3.9%
Show yearly (2015–2025)
YearPassengersYoY
202514,758,132−2.1%
202415,082,315+10.7%
202313,629,373+9.9%
202212,401,523+26.6%
20219,792,156+67.6%
20205,841,074−63.5%
201915,995,429+4.8%
201815,260,091+7.1%
201714,253,979−2.0%
201614,547,946−3.4%
201515,052,828—
Lodging jobs & wages2024 (latest published for metro areas): 18,931 jobs, +3.1% YoY

Accommodation (NAICS 721), private sector, Metro area (BLS area code C3798). Employment and wages at hotels and other lodging, a public proxy for lodging activity. Not occupancy, ADR or RevPAR. Each market uses one industry level across all years shown.

Latest years
YearJobsYoYWagesEstab.
202418,931+3.1%$824.7M643
202318,370+8.3%$772.9M631
202216,958+25.2%$686.4M631
Show yearly (2015–2024)
YearJobsYoYWagesEstab.
202418,931+3.1%$824.7M643
202318,370+8.3%$772.9M631
202216,958+25.2%$686.4M631
202113,542+15.2%$503.3M626
202011,756−38.6%$394.9M634
201919,159+0.7%$646.2M609
201819,026−0.6%$621.3M606
201719,134+1.8%$607.7M589
201618,802+0.9%$587.3M575
201518,643—$578.7M572

Per-year files: 2024 ↗ · 2023 ↗ · 2022 ↗ · 2021 ↗ · 2020 ↗ · 2019 ↗ · 2018 ↗ · 2017 ↗ · 2016 ↗ · 2015 ↗

Sources: U.S. Bureau of Transportation Statistics, T-100 via TranStats (Passengers data element) ↗, airports PHL, Jan 2015–Jul 2026, accessed 2026-11-04. BTS publishes T-100 airport data about three months after the month ends; the latest month here is the newest BTS had posted when accessed. U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages ↗, annual averages, accessed 2026-11-04; withheld years left out.

Assets

none yet
No cited assets yet for this destination. Underwrite by submarket and product class — MSA averages are not a substitute for a competitive set.

Who owns here

8 REIT-owned hotels · APLE, BHR, HST, RLJ, XHR

Recorded REIT transactions (comps)

From REIT filings; this list may be incomplete.

  • Embassy Suites Philadelphia AirportOct 6, 2026 · sold by AHT · 263 rooms$26.0Mfiling ↗
SourceREIT property schedules and transaction disclosures in SEC filings sec.gov ↗All hotel REITs

Linked findings

No radar findings for this market yet.